62 lines
2.9 KiB
Markdown
62 lines
2.9 KiB
Markdown
# Request funding app
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UX prototype: [https://www.figma.com/proto/dT9yEXPkPNT1WiwLG5gVayRm/The-Commons-Stack?node-id=9%3A2&scaling=scale-down](https://www.figma.com/proto/dT9yEXPkPNT1WiwLG5gVayRm/The-Commons-Stack?node-id=9%3A2&scaling=scale-down)
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## User Stories / Fund Requester \(Farmer\)
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### Sign in or create a Ethereum account on Metamask/Frame/Mobile
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… this should be glossed over in the narrative... but its needed by every user in the system
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### Use Giveth to Request Donations
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* Create a Campaign on Giveth (Done)
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* Pic
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* Title, description \(e.g. Plant trees in Indonesia\)
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* Reviewer
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* Sign a transaction submitting the Campaign data to IPFS and putting the Hashes on chain
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* The signer of this tx is the Campaign Manager
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* The Campaign can receive crypto donations from any person, DAO, Commons, etc
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* Create Milestone on Giveth (Done)
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* Pic
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* Title, description \(e.g. Plant 10 Oaks by 01.06.19\)
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* Amount requested \(Fixed amount, e.g. 150 xDAI\)
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* Reviewer
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* Sign a transaction submitting the Milestone data to IPFS and putting the Hashes on chain
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* If the Milestone was created by the Campaign manager, it shows up right away
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* If the Milestone came from the community, it must be approved by the Campaign Manager
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* The Milestone can receive crypto donations from any person, DAO, Commons, etc
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### Nominate Milestone for Funding by the Commons
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* Choose a Giveth Milestone to Nominate and copy the URL
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* Note: The milestone must be raising funds in xDAI and have a cap
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* Go to the conviction voting interface and click the Nominate button
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* Paste the URL into the input box, and make a comment if you want
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* X number of tokens are required to stake behind a milestone to nominate it
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* As long as at least that number of tokens is staked by the nominator or someone else, the milestone will remain visible, other wise it will be removed
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* The total amount of xDAI requested by the milestone and the amount of xDAI that the allocated conviction power represents is displayed to the Commons (by team 2)
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* If somebody donates to the Milestone directly, the total amount of xDAI requested from the Commons is reduced
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### Track progress of a Milestone (not done yet)
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* Have a Giveth profile
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* Go to the Milestone's URL in Giveth
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* Request to follow the Milestone
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* Get email notification when my Milestone got funded
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* See funds before the transfer
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* 50 xDAI from external donors
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* 100 xDAI from the Commons (tho this will turn into tokens)
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### Redeem funds after approval
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* If it triggers I get 50 xDAI and some # of Commons token \(the equivalent of 100 xDAI\)
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* The user gets directed to Team 1 UI for bonding curve, so he can burn tokens for xDAI.
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* If the user chooses to burn their tokens, they would get 98 xDAI and 2 xDAI would go to the Commons to be donated to other causes.
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* The only way xDAI exits the system is through the token bonding curve (Team 1)
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